Bonnie Boron is an experienced nonprofit accountant based in Chicago, Illinois. She has over 15 years of experience managing the accounting for various nonprofit organizations, including managing budgets, financial reporting, compliance, and receiving clean audit opinions. Her areas of expertise include grant and contract accounting, financial statement preparation, internal controls, and accounting software such as QuickBooks.
I am highly versatile and offer years of experience and education in the business world. I am an accounting guru and audit master to ensure all activities are on track for any organization.
I am highly versatile and offer years of experience and education in the business world. I am an accounting guru and audit master to ensure all activities are on track for any organization.
Experienced accounting and HR management professional with a demonstrated history of working in insurance, healthcare administration services, information technology and services, federal government contracts administration, non-appropriated funds administration, professional billing services for individual and small group practices, and specialty retail industries. Career is distinguished by commended performances including leadership, civic and professional contributions, and accomplishments.
• Managed accounting department, including cash, inventory, payroll, fixed assets, accounts payable, accrued expenses; line of credit transactions. Two years recent experience with CAM reconciliations
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1. BONNIE A. BORON, CPA
1255 N. Sandburg Terrace
Chicago, Illinois 60610
(312) 943-5335
BonnieBoron@aol.com
PASSIONATE NONPROFIT ACCOUNTANT
Hands-on nonprofit accountant with proven success in managing nonprofit accounting with emphasis on general ledger
accounting, budgeting, reporting, cash, A/R, A/P, payroll, grants / contracts, donation accounting. Ensure compliance with
nonprofit and general accounting, GAAP, FASB’s, regulatory/ OMB, operational regulations and procedures. Recognized by
management for continually making systems, reports, procedures, operations, more effective and efficient.
Experience in project-based, consolidated and intercompany accounting. Team and relationship builder; proactive
accountant.
PROFESSIONAL & COMPUTER COMPETENCIES
• FASB’s 116, 117, 136, restricted / unrestricted revenues, expense, grant, contract, donation reporting rules.
• Grant and Contract Accounting: budgets, vouchers (billings), in-kind matches, regulatory reports, cost allocations; OMB
rules, audits.
• Budgets, financial reporting and variance analysis; customized reports, systems, conversions and analysis. Bank and G/L /
Balance sheet account reconciliations. A/R, A/P, payroll, petty cash / cash flow reporting and management.
• Received unqualified audit opinions by managing grantor audits, assisting on annual and A-133 (governmental audits);
preparing audit schedules and documentation.
• Computer Software: MIP, FundWare, QuickBooks. Blackbaud, Lawson, Solomon, MAS500, Oracle, People Soft, Team
Approach (donor database), Excel (macros, pivot tables, v look ups), Word, Access, Outlook, MS Office, ADP.
PROFESSIONAL EXPERIENCE
BAB Consulting, Chicago, IL
Consultant 2008 – Present
• Currently manage accounting for a low-income real estate company. Implemented budgets, accrual entries, and account
and bank reconciliations to ensure accurate reporting. Reformatted financial statements to show monthly and year-to-
date results.
Examples of Consulting:
• Large bank reconciliation project for dynamic nonprofit. (8,000 checks/month; $4 MM)
• Ensuring grant / contract compliance / documentation to eliminate annual audit findings at Chicago State University.
• Recent: Managing A/P, account analysis and governmental reporting for nonprofit Association.
Alzheimer’s Association, Chicago, IL 2007 – 2008
Specialist, Shared Fundraising
• Reported shared fundraising for 11 chapters requiring knowledge of donor database, contribution reporting rules,
chapter sharing percentages. Prepared detailed monthly financial reports as management tool.
• Developed template / procedure to ensure Year-to-date project-based agreement between the donor database and the
G/L revenues.
• Decreased intercompany journal entry processing time by 50% by developing Excel templates with macros. Calculated
accurate cash transfers by executing 100 monthly intercompany entries / account and cash reconciliations.
• Received commendations for providing targeted training, and customer service to affiliated chapters.
• Requested to train staff on personal system to manage accurate completion of multiple projects to beat tight time
deadlines.
2. Bonnie Boron, Page 2
The Resurrection Project, Chicago, IL (over $2 MM -14 nonprofit low income properties)
Accountant - Assistant to Controller 2007
• Maintained funding by preparing project-based / consolidated G/L accounting, financial statements, budgets,
implementing variance analysis and accrued journal entries and internal controls to ensure compliance with all rules,
regulations, policies and procedures.
• Saved over $5,000/year in late fees by reconciling 14 bank accounts / G/L accounts, 1 year in arrears; 300 monthly cash
disbursements, high-volume A/P and A/R processing / cash flow management.
• Received unqualified audit opinions by managing grant audits, assisting on annual audits.
Social Services
Accountant: Budgets, Financial and Regulatory Reporting 2002 – 2006
Howard Area Community Center ($3 MM - 17 grants) / BAB Consulting (Client consulting) / Heartland Alliance ($28 MM – 90
grants / contracts), Chicago, IL
• Managed grant, contracts, budgeting / billings, financial / grant reporting, cash, H/R / payroll for 2 social service agencies
and multiple clients.
• Increased grant revenues from average 80% to 95%, prepared budget submissions, vouchers /billing, ensured
collections on billings, prepared regulatory and close-out reports. Built relationships with program managers and
grantors which once, prevented loss of an additional $17,000 in additional grant revenues.
• Auditing and / or producing over 200 monthly A/P vouchers / checks, A/R, petty cash and payroll / timesheet, reports and
entries for compliance and accuracy. Reduced bank and account reconciliations to under 1 hour for accounts with over
200 entries.
• Becoming the go-to person to resolve issues and ensure compliance. Prepared over 40 manual ADP checks in 1 day to
correct payroll processing. Created A/R tracking systems and resolved outstanding check and vendor / client issues.
• Manage cash / cash flow analysis: Prepare deposits, reconcile all cash receipts, prepare necessary reports and utilize
online banking systems to manage daily cash flows and process transactions.
• Used allocation modules to prepare cost allocations
• Prepared and distributed monthly, year-end financial statements and variance analysis reports. Minimized budget
variances by working with Program Managers to discuss variance analysis and implement solutions.
• Received unqualified audit opinions by managing grantor audits and assisting on annual and governmental audits.
• Became valued back-up to Controller and Executive Management for preparing ad hoc reports, researching and
resolving issues, providing customer service / training and assuming additional responsibilities in their absence.
EDUCATION, CERTIFICATION & CONTINUING EDUCATION
CPA Certificate / Registered CPA, IL CPA Society
Masters of Science in Accounting, Roosevelt University, Chicago, IL
Bachelor of Science in Education, Northern IL University, DeKalb, IL
Semi-fluent in Spanish
• Nonprofit and General Accounting Seminars • Grantor Training Sessions • CPA Firm Seminars on New 990 Rules • MS
Office / Accounting Software Classes.